Iran Nuclear Talks: Obama Hails Historic Agreement

US President Barak Obama hailed the groundbreaking deal concerning Iran's nuclear program as a "historic understanding" which, if implemented, would make the world safer.

The framework agreement, struck after intensive talks, reached a mutual understanding over Tehran's nuclear program.

The US published a fact sheet detailing parameters for the Joint Comprehensive Plan of Action [JCPOA]. The sheet, however, seemed to have differences with the original joint statement.

Iran and the six world powers involved must now finalize the deal.

Iranians had been celebrating in the streets but "Israel" said the deal threatens its survival.

"This will be a long-term deal, that addresses each path to a potential Iranian nuclear bomb," the US President said in a statement after the deal was announced.

He said that if the deal is finalized, "we will be able to resolve one of the greatest threats to our security, and to do so peacefully".

While the agreed plan predicts a 10-year framework of action, the White House fact sheet stated uranium enrichment at Iran's Fordow facility would stop for at least 15 years.

Although Iran had reiterated that all sanctions had to be lifted simultaneously as soon as the final deal came into force, the US version indicated that the architecture of nuclear-related sanctions would be retained for much of the duration of the deal.

The US fact sheet also declared the bans would be also snapped back into place in the event of any non-performance. It added that the UN Security Council could re-impose all previous sanctions in case the issue of non-performance could not be resolved through negotiations.

Source: News Agencies, Edited by website team